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South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has won a deal for the construction of three eco-friendly ultra-large liquefied petroleum gas (LPG) carriers, reports offshore-energy. About The Contract The contract, signed with an unnamed European shipowner, has been valued...
 South Korea’s largest shipbuilder Korea Shipbuilding & Offshore Engineering Co. (KOSE) has won fresh orders worth 823 billion won ($724 million) in recent weeks amid growing global demand for and eco-friendly gas carriers, reports mk.co.kr. About New Contracts KOSE said Monday...
A nine-year-old VLCC from Xihe Group has been sold, the most modern VLCC sold so far by the shrinking outfit, reports Splash247. About The Deal This is the tenth Chinese built VLCC sale since September by the company.VesselsValue sales register shows...
OSM Maritime expands its presence with a new office in Copenhagen. The company will service customers based in the Danish capital, including Navig8 Chemical Tankers.Leading ship management company OSM Maritime launches OSM Chemical Tanker Management in Copenhagen, a...
The new air freight division of the CMA CGM Group, a French container transportation and shipping company, has just completed its first cargo flight between Europe and the United States which is based at Liege Airport (LGG), the global...
The last ship owned by financially troubled Swiss owner SAM Shipping has been sold in a court-led auction in China, reports Splash247. The auction In an online auction held by Tianjin Maritime Court, at the request of a creditor bank, the...
Cape prices have been firming over the past week as have rates. Healthy activity in both basins saw capesize average earnings up 13% week-on-week to $17,000 a day last week. Berge’s 55-strong capesize arm is also noted tapping...
Castor Maritime acquires a 2011-built Japanese kamsarmax bulker for $16.85m, says a press release published on their website. Bulker acquisition Nasdaq-listed Greek owner Castor Maritime has announced the $16.85m acquisition of a 2011-built Japanese kamsarmax bulker. Delivery Delivery is scheduled for sometime between...
Wan Hai Lines has ordered nine 13,000TEU ships from South Korean shipbuilder Hyundai Heavy Industries, reports Container News. Value & Delivery details The Taiwanese liner operator said in a Taiwan Stock Exchange filing on 10 March 2021 that the total contract...
Workers struggle to keep up with surge in imports brought on by a pandemic-induced buying boom while parts of their workforce are recovering from the coronavirus. There were 48 ships laden with goods destined for store shelves across...
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